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Bullish Sentiments Return as ASI Posts 2.16% Gain

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The All Share Index of the Nigerian Stock Exchange consolidated on the marginal gain recorded yesterday to end today up by 2.16% on the back of bullish sentiments, return of investor confidence and an increase in demand. The ASI closed at 28,814.62 basis points, with the Market Capitalization closing at N9.90 trillion.

The total value of transactions increased by 51.78% from the N2.81 Billion worth of shares traded yesterday. The number of deals recorded reduced by 3.02% from 4,44 deals recorded yesterday, while the volume of transactions recorded increased by 11.73% up from 333,209,943 shares traded yesterday.

UBA, ZENITHBK, SKYEBANK, FBNH and ACCESS were the most actively traded stock on the exchange today, evidence of a continued demand for Bank stock, with a combined total of 270 million shares traded.

Market breadth closed in the positive as FORTE led 38 Gainers against 16 Losers led by NESTLE.

Stocks ended the weak bearish losing 3.56% despite a two day positive rally.

Year-To-Date stands at -16.86%

Gainers 28 08 15Losers 28 08 15Summary 28 08 15

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